Litecoin Short Term Sell IdeaH1 - Bearish trend pattern
Currently it looks like a pullback is happening
Until the two strong resistance zones hold my short term view remains bearish here.
LTCBULLUSD trade ideas
LTCUSD ( INSIDE DESCENDING CHANNEL ) ( 4H )LTCUSD
HELLO TRADERS
inside sensitive area between two turning level , currently it will be attempt to reach turning level (2) .
Tendency, the price inside sensitive are between two turning level around 61.61 and 55.90 .
Upward Zone : in order see increase , if the price corrective turning level (2) and stabilizing above this level should be trying to reach turning level (1) at 61.61 , to confirm up trading , the price will be breaking turning level (1) to reach resistance level (1) at 65.88 , after by closing 4h candle above it reach a resistance level (2) at 68.41 .
Downward Zone: by breaking turning level (2) at 55.90 , the price should be trying to reach support level (1) 49.77 , after stabilizing below this level could further support to reach of as next level at 47.45 .
TARGET LEVEL :
RESISTANCE LEVEL : 65.88 ,68.41 .
SUPPORT LEVEL : 49.77 , 47.45 .
OMG! ALT Season is SO CLOSE!!!! ALT HOLDERS will BECOME RICH!6 1/2 years of a corrective cup formation for massive coin absorption in the market for the market makers.
notice each low is holding in an upward support level and not fully reclaiming after each correction down.
notice that the handle from the 2021 bull season trap at the highs was a corrective formation to build out the handle pullback. we are now forming tight consolidation within a small major breakout retest on old resistance from the handle.
when the green triangle breakouts out it will run north! potentially could pull back one more time within the green triangle and retest the support for a major BUYYYY!!
THIS LOOKS SO GOOD AND YOU BETTER HAVE YOUR ALTS READY TO GO!!!
2017 is in motion again!
BULLS WILL RUN HARD!
Short trade
Sellside (Trade Idea)
Entry Price: 64.01
Profit Level (Target): 50.24 (21.51%)
Stop Level: 65.40 (2.17%)
Reward-to-Risk (RR) Ratio: 9.91
First time BUY signal since 2014LTC appeared to be very bullish, expect to go to at least 450+$.
Not a financial advice
LTC/USD Near Pivot: Bullish Potential AheadHello Everyone,
LTC/USD is approaching the 1M Pivot Point (PP). Caution is advised as the pair is still largely positioned for a bearish continuation, despite some bullish indicators. The key condition is that the price must remain above the 1D/1W Pivot Points for a bullish scenario to unfold. If the price stays comfortably below these levels, a bearish continuation becomes more likely.
TradeWithTheTrend3344
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LTCUSD has formed an insidebar breakOn the daily chart, LTCUSD stabilized and rebounded, and bulls took the lead. The market has formed an insidebar break, and the market is expected to continue to rise. The current upward target is around 67.42, and the effective support below is around 58.93.
LTC BuyI'm waiting for this to load up in the entry zone, sweeping the relatively equal lows, then taking off
LTC Litecoin 'Loose Tender Coin' DumpSearch your couch and car seats for your loose change its worth more elsewhere.
Short from ~$65 to $45.
LTCUSD Will Go Lower! Sell!
Here is our detailed technical review for LTCUSD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 58.45.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 54.04 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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LITECOIN WILL FALL|SHORT|
✅LITECOIN went up and
Made a retest of the
Horizontal resistance of 60.00$
And the price is already making
A local bearish pullback
So we are bearish biased
And we will be expecting
A local move down
SHORT🔥
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LTCUSD - Bullish trand
For some reason, few people write about the old LTC. It has a very attractive chart on the monthly timeframe! We are walking exactly on the bottom. It adheres to technical analysis (for example, during the drop, I bought it at 51.1, and it went down to 50.8). I believe we will see 300+ for it in the next year. 1000 is unlikely. I will be selling around 350.
PS: This post is written for myself and does not constitute financial advice.
Litecoin - Bullish CampaignThe negative momentum had been broken by the massive key-level support of 55.00. We feel like this could be the end of the road for the bearish cycle. We're jumping in with a new bullish campaign. Stay tuned...
Litecoin - Bullish CampaignWe strongly suspect that the breakdown below 66.80 was false one, a fakedown. We estimate a full on comeback for the Litecoin and the rest of the market. A cross-over the 66.80 level will verify our bullish conviction and is likely propel price action towards 75.0 and 84.30 later down the road
LTC - Time for lift-off, or is it?So as you might know I was buying LTC all the way down to 68$ over the last few weeks because I still believe we are going to see LTC awaken from the dead sooner or later - And by looking at the chart LTC seems to be primed for a move up into 100$ or even higher.
"X" would be my invalidation, really should not drop below here anymore. Hold above ~70$ and we should see a decent push soon.
Stay safe!
Litecoin - Short-term Bullish CampaignLitecoin had just hit an important key-level support at 65.50. A short-term upside reversal is highly likely at this point. We dive in with a new bullish campaign targeting the next big resistance of 72.80
LITECOIN about to break-out to its parabolic rally.Litecoin (LTCUSD) is on its 3rd historic Cycle and just recovered its 1W MA50 (blue trend-line). All Cycles have a Top, Bear Phase, Accumulation phase under Lower Highs and finally Parabolic Rallies.
It appears that we are currently about to complete the pre-rally Lower Highs accumulation phase, which will be confirmed after the price breaks above the 1W MA200 (orange trend-line) and the Lower Highs trend-line.
Technically it can go as high as the 1.1 Fibonacci extension ($500.00) but we will settle for the time being for an ATH test at $400.00 if this is where we will be by the time the price starts approaching the top of the Sine Wave.
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Litecoin Long term Trendlines. 2022 EditionBeen like forever. BBs on the 2W chart looks very similar to 2017, maybe this time price can finally get back to the top of the channel. Lot's happening with Litecoin this year, perhaps enough catalyst. Ratio is also sort of set up, nearly 4-5 years of accumulation, breakout won't be tiny.
Litecoin May Revisit ATHs for 500%Litecoin continues to hold this long-term diagonal support, having only once wicked below it during the March 2020 black swan.
During the last two months of June and into July, it re-tested that diagonal and got quickly bought up.
Chances look good that it goes for another test of the horizontal resistance around 408 dollars, or at least most of the way there, which would be about 500% from our low over the last two weeks.
Lose the diagonal support and this trade is invalidated. Hold above it and I'll keep it active.
Buzz LitecoinFirst thing first, my previous Litecoin predictions have quite shitty. I too admit that.
Nevertheless, with a little persistence and a little patience, I am pretty content and confident that the current markup is pretty legitimate. Though I think the future for the most used cryptocurrency in the world, is bright - Litecoin will not be exempt from the next crypto winter.
And you better not dare to mention, 'tokenomics'.
Litecoin Short-term Bearish CampaignOver the last 7 days the Litecoin had entered a short-term trading range with the top resistance at 69.25. The probability for a short-term downside reversal back to 59.50 had risen significantly. We've decided to take Short-term action by shorting the Litecoin. This does NOT cancel or override our recent long-term bullish overview that is still very much valid.
